74450 Overseas Highway,ISLAMORADA, FL 33036
ISLAMORADA, FL 33036
Description
Prime Islamorada Mixed-Use Investment | Ocean Views | Overseas Highway Frontage Exceptional mixed-use investment opportunity in the heart of Islamorada. Positioned directly on the Overseas Highway at Mile Marker 74.5, this highly visible Neighborhood Commercial (NC) property offers outstanding exposure, excellent accessibility, and panoramic Atlantic Ocean views. Originally permitted as a three-unit apartment building, the property is currently configured with two primary residential/commercial spaces, presenting an opportunity for a future owner to explore the potential for a third apartment or additional income-producing space, subject to local approvals. The flexible layout lends itself to owner-occupancy, employee housing, professional offices, retail, vacation accommodations (where permitted), or a variety of commercial uses allowed under NC zoning. An increasingly rare feature in the Upper Keys, this property combines valuable highway frontage with parking, exceptional visibility, and an oceanfront setting. Investors, business owners, and developers will appreciate the property's versatility, while end users may envision transforming it into a distinctive single-family residence with sweeping Atlantic views. Located in one of the Florida Keys' most desirable markets, the property is surrounded by established businesses, restaurants, marinas, resorts, and world-endless fishing and diving destinations. Its strategic location offers convenient access for both locals and visitors traveling throughout the Keys. Whether you're seeking a long-term investment, owner-user opportunity, redevelopment potential, or a signature live-work property, this unique Islamorada offering delivers location, flexibility, visibility, and exceptional upside in one of Florida's most sought-after commercial corridors.
Details
| MLS # | 620534 |
|---|---|
| Listing Type | For Sale |
| Style | Misc Prop Rights |
| Building Name | na |
| Sub-Type | Resale |
| Status | Active |
| Year | 1967 |
| Days On Site | 48 |
| Listing Provided By | Realty ONE Group Destination (ISL) | Krissy Carnahan |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,980 |
| Story(s) | 2 |
| Building(s) | 1 |
| Zoning | NC - Neighborhood Commercial |
| Acreage | 0.16 |
| Property View | Ocean |
Taxes
| Property | 7363 |
|---|
Area Information
| State | FL |
|---|---|
| County | Monroe |
| City | ISLAMORADA |
| Zip Code | 33036 |
| Area | 22 Lower Matecumbe |
| Community Name | White Marlin Bch (74.5) |
| Listing VS Median (in White Marlin Bch (74.5)) | |
Price: $1,680,000 low | high Med: $1,680,000 sqft: 1,980 low | high Med: 1,980 $ / sqft: $848 low | high Med: $848 On site: 48 low | high Med: 51 | |
Market Activity 33036
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The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Key Colony Beach Realty, Inc. are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.
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Learn More About This Property
| State | FL |
|---|---|
| County | Monroe |
| City | ISLAMORADA |
| Zip Code | 33036 |
| Area | 22 Lower Matecumbe |
| Community Name | White Marlin Bch (74.5) |
| Listing VS Median (in White Marlin Bch (74.5)) | |
Price: $1,680,000 low | high Med: $1,680,000 sqft: 1,980 low | high Med: 1,980 $ / sqft: $848 low | high Med: $848 On site: 48 low | high Med: 51 | |
